These are the stories making headlines in fashion on Wednesday.
WHP Global and G-III Finalize Marc Jacobs Acquisition
WHP Global and G-III Apparel Group have closed their acquisition of the Marc Jacobs brand from LVMH, ending nearly three decades of LVMH ownership. The two companies formed a joint venture, evenly split, to co-own the Marc Jacobs intellectual property, with WHP leading global brand licensing and G-III overseeing wholesale, retail and e-commerce operations. Marc Jacobs will remain founder and creative director, continuing to steer the brand’s collections and creative direction. {G-III Apparel Group}
Topicals Appoints New CEO
Topicals has named Sukiana Chancy as its new CEO, with Founder Olamide Olowe stepping back from the CEO role but remaining involved in day-to-day operations. Chancy joins from Fenty Beauty, where she was general manager of skin, hair and fragrance. She also previously worked at Cay Skin, Devacurl and Estée Lauder. Olowe said the brand had reached a scale requiring outside marketing and profit-and-loss expertise, with a goal of becoming Sephora’s top skin-care brand. {Business of Fashion/paywalled}
YouTube Adds Amazon as Affiliate Partner
YouTube has added Amazon.com Inc. as an affiliate partner in YouTube Shopping, letting creators tag Amazon products directly in videos and livestreams and earn a commission on resulting sales. YouTube Shopping’s gross merchandise volume grew 13-fold globally from Q1 2024 to Q1 2026, and more than 1 million of the social platform’s roughly 3 million monetizing creators now participate in its shopping program. {Bloomberg/paywalled}
Robin Givhan on The Met’s Galliano Decision
The New York Times Contributing Opinion Writer Robin Givhan argues The Met canceled the wrong thing: Instead of scrapping its planned John Galliano exhibition over backlash to his antisemitic and racist statements, it should have called off the Met Gala. Givhan contends museums exist to examine difficult histories, not avoid them, and that the exhibit, an examination of Galliano’s influence, not an endorsement of him, deserved to go forward. {The New York Times/paywalled}
Quince Tests Physical Retail With Sold-Out Sample Sale
Quince held its first-ever sample sale Aug. 14-15 in San Francisco, drawing a four-block line and selling out six hours early as it tests physical retail alongside its digital business. “Quince is not just a place they go to for cashmere sweaters anymore,” Quince’s Head of Brand Strategy and Narrative Dakota Kate Isaacs told Modern Retail. “It’s a place that they are increasingly building out their lives with.” The $2 billion lifestyle brand sourced the sale from samples used in photo shoots and model fittings, with home goods, sweaters and coats among the most popular categories across 600 transactions. {Modern Retail}
Simkhai Taps Naomi Watts and Daughter for Campaign
Photo: Courtesy of Simkhai
Simkhai’s Fall 2026 campaign stars Naomi Watts and her daughter Kai Schreiber, marking the pair’s first joint fashion campaign, together with Sage Elsesser, Malcolm McRae, Awar Odhiang and Betsy Gaghan. Photographed by Mikael Jansson and styled by Camilla Nickerson, the cast reflects the collection’s ongoing exploration of community and identity, and is available to shop now. {Fashionista inbox}
